Forex Calls Recap for 6/24/20
No calls for the session as I didn't see any great setups.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Stock Picks Recap for 6/23/20
With each stock's recap, we will include a (with market support) or (without market support) tag, designating whether the trade triggered with or without market directional support at the time. Anything in the first five minutes will be considered WITHOUT market support because market direction cannot be determined that early. ETF calls do not require market support, and are thus either winners or losers.
From the report, ACAD triggered long (with market support) and worked:
MGNX triggered long (with market support) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, YELP triggered short (with market support) and didn't work:
In total, that's 3 trades triggering with market support, 2 of them worked, 1 did not.
Futures Calls Recap for 6/23/20
The markets gapped up, did nothing, and sold off in the last 30 minutes on 5.7 billion NASDAQ shares.
Net ticks: +22 ticks.
As usual, let's start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today's session:
ES and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered long at A and worked enough for a partial, triggered short at B and worked enough for a partial:
NQ Opening Range Play triggered short at A and worked enough for a partial, triggered long at B and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 6/23/20
We came into the session long the second half of the EURUSD trade from the prior session and that stopped (just barely) in the money before running another 100 pips. We had 3 new trades in the GBPUSD, see that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long at A and stopped, triggered short at B and stopped. Triggered long again at C and closed at D for 20 pips or so:
Stock Picks Recap for 6/22/20
With each stock's recap, we will include a (with market support) or (without market support) tag, designating whether the trade triggered with or without market directional support at the time. Anything in the first five minutes will be considered WITHOUT market support because market direction cannot be determined that early. ETF calls do not require market support, and are thus either winners or losers.
From the report, HAIN gapped over the trigger, no play.
From the Messenger/Tradesight_st Twitter Feed, LYFT triggered short (without market support) and worked enough for a partial:
NVDA triggered long (with market support) and worked:
In total, that's 1 trade triggering with market support, and it worked.
Futures Calls Recap for 6/22/20
The markets opened down a little, climbed up into the range from the last four days, and basically just sat there again on 4.5 billion NASDAQ shares.
Net ticks: +4 ticks.
As usual, let's start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today's session:
ES and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered short at A but too far out of range to take, triggered long at B and worked enough for a partial:
NQ Opening Range Play triggered short at A and long at B but both were too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 6/22/20
A winner for the session. See EURUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered long at A, hit first target at B, still holding second half with a stop under R1:
Stock Picks Recap for 6/19/20
With each stock's recap, we will include a (with market support) or (without market support) tag, designating whether the trade triggered with or without market directional support at the time. Anything in the first five minutes will be considered WITHOUT market support because market direction cannot be determined that early. ETF calls do not require market support, and are thus either winners or losers.
From the report, VNET triggered long (without market support) and worked enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, AMZN triggered short (with market support) and worked:
In total, that's 1 trade triggering with market support, and it worked.
Futures Calls Recap for 6/19/20
The markets gapped up and didn't do much for two hours, then dropped to fill the gap ahead of lunch and that was about it on 6 billion NASDAQ shares, which is reflective of options expiration.
Net ticks: +0 ticks.
As usual, let's start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today's session:
ES and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered short at A and worked if you took it, but just slightly out of range under the rules:
NQ Opening Range Play triggered long at A but too much risk to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 6/19/20
No calls for the session for triple expiration, and it would have been a stop out if I had, so good move.
Here's a look at the US Dollar Index intraday with our market directional lines:
As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts of all the pairs with the Seeker and Comber separately for the week ahead, and then glance at the US Dollar Index.
EURUSD: